$185,000
$209,000
13345 Fm 1391, Kemp, TX, 75143
$240,500 ARV
On Market
Price Drop
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Range
Exterior
Lot Size5.01 acres
Building Information
Year Built1978
Stories1
Land Information
APN99.0449.0000.0025.11.95.00
SubdivisionMatthew F Sims
Land UseResidential
Legal DescriptionMATTHEW F SIMS, TRACT 25.11; 5.007 ACRES, LABEL# TEX0065672, TITLE: CN013743
Census Tract051301
Assessment Year2025
About this property
Almost 300 ft of frontage with a gate and privacy from the road. This updated single wide offers ample space away from the city. Almost new aerobic septic and all utilities in place.
Investor Tools
$43,754Estimated Mortgage Balance
$169,502Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$240,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$954
$136,166
2025
N/A
N/A
$160,876
No
Tax History
Year
Tax Paid
Assessed Value
2024
$954
$136,166
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Kemp
Purchase Money Mortgage
$48,375
No
First
Jun 10, 2021
Aug 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,754
$176,246
80%
21%
$291/mo
